Jericho Oil Corporation, together with its subsidiaries, acquires, explores for, develops, and produces oil and natural gas properties in the United States. More Details
+ 1 more risk
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Jericho Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: JCO's share price has been volatile over the past 3 months.
7 Day Return
CA Oil and Gas
1 Year Return
CA Oil and Gas
Return vs Industry: JCO exceeded the Canadian Oil and Gas industry which returned -34.8% over the past year.
Return vs Market: JCO underperformed the Canadian Market which returned -5.5% over the past year.
Price Volatility Vs. Market
How volatile is Jericho Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Jericho Oil Corporation (CVE:JCO) Stock?
7 months ago | Simply Wall StSome Jericho Oil (CVE:JCO) Shareholders Have Taken A Painful 83% Share Price Drop
8 months ago | Simply Wall StHow Much is Jericho Oil Corporation's (CVE:JCO) CEO Getting Paid?
Is Jericho Oil undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate JCO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate JCO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: JCO is unprofitable, so we can't compare its PE Ratio to the CA Oil and Gas industry average.
PE vs Market: JCO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate JCO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: JCO is overvalued based on its PB Ratio (1x) compared to the CA Oil and Gas industry average (0.8x).
How is Jericho Oil forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Jericho Oil has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Jericho Oil's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Jericho Oil competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Jericho Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: JCO is currently unprofitable.
Growing Profit Margin: JCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: JCO is unprofitable, and losses have increased over the past 5 years at a rate of 53.5% per year.
Accelerating Growth: Unable to compare JCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: JCO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.9%).
Return on Equity
High ROE: JCO has a negative Return on Equity (-58.25%), as it is currently unprofitable.
How is Jericho Oil's financial position?
Financial Position Analysis
Short Term Liabilities: JCO's short term assets (CA$5.2M) exceed its short term liabilities (CA$511.4K).
Long Term Liabilities: JCO's short term assets (CA$5.2M) exceed its long term liabilities (CA$225.5K).
Debt to Equity History and Analysis
Debt Level: JCO's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JCO's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JCO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: JCO has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.3% each year
What is Jericho Oil current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JCO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Brian Williamson has been Chief Executive Officer of Jericho Oil Corporation since August 21, 2017 and as its President and Director since March 1, 2019 and May 24, 2017 respectively. Mr. Williamson is ...
|CEO, President & Director||3.17yrs||CA$298.54k||1.19% |
|CFO & Secretary||2.5yrs||CA$232.20k||no data|
|Chief Financial Officer (Leave of Absence)||6.83yrs||CA$136.33k||no data|
|Director of Investor Relations||no data||no data||no data|
|Director of Business Development & Marketing||no data||no data||no data|
|Director of M&A and Corporate Development||no data||no data||no data|
|Vice President of Geology||no data||no data||no data|
Experienced Management: JCO's management team is considered experienced (3.2 years average tenure).
|CEO, President & Director||3.17yrs||CA$298.54k||1.19% |
|Independent Director||9.08yrs||CA$20.00k||0.52% |
|Independent Director||3.75yrs||CA$20.00k||no data|
Experienced Board: JCO's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.9%.
Jericho Oil Corporation's company bio, employee growth, exchange listings and data sources
- Name: Jericho Oil Corporation
- Ticker: JCO
- Exchange: TSXV
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$30.363m
- Shares outstanding: 178.61m
- Website: https://www.jerichooil.com
- Jericho Oil Corporation
- 1055 West Georgia Street
- Suite 2100
- British Columbia
- V6E 3P3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|JCO||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 2012|
|JROO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2012|
|JLM||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 2012|
Jericho Oil Corporation, together with its subsidiaries, acquires, explores for, develops, and produces oil and natural gas properties in the United States. The company primarily focuses on exploration and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/27 00:51|
|End of Day Share Price||2020/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.